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The Times’s headline says there will be “pain ahead” as it reports the comments of Levelling Up Secretary Michael Gove, who said the government cannot help everyone during the cost of living crisis. The paper quotes one anonymous cabinet minister questioning why the Bank of England only increased interest rates by a a quarter of a percentage point, when the US Federal Reserve increased them by three times as much.

Times Front Page 10th of January 2025

Chancellor Rachel Reeves is urging the cabinet to propose alternative economic strategies amidst rising borrowing costs that have surpassed levels seen during Liz Truss’s tenure, as the economy faces a downturn with high interest rates impacting growth and mortgage affordability.

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Times Front Page 8th of January 2025

Defence companies have ceased attending university careers fairs and similar events due to security concerns over potential protests, raising fears about staff safety and the risk of global threats, with firms expressing anxiety over being targeted by demonstrators.

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